Press Release

YES BANK has Announced the Appointment of Amresh Acharya for Global Indian Banking

Mumbai, November 14, 2016: YES BANK, India’s fifth largest private sector Bank, announced the appointment of Amresh Acharya as Group President and Head - Global Indian Banking. He will be reporting to Pralay Mondal, Senior Group President, Retail and Business Banking and will be based at YES BANK corporate headquarters in Mumbai.

As an important addition to YES BANK’s Top Management, Amresh will be responsible for driving Global Indian Banking Business to generate significant mindshare for YES BANK in identified International and Domestic NRI geographies including the YES First and YES Private Segments. In this critical leadership position, he will play a vital role in capturing market share on a global scale and build stable CASA/Deposits, and fee income through distribution of Banking and Investment products.

YES BANK has established a strong franchise by offering a comprehensive product suite, technology enabled remote channels, a wide distribution network in India and partnerships with banks in various overseas markets including USA, Canada, Europe, South East Asia, UK, Australia and GCC. A variety of savings and deposit products, investment options, online remittances, insurance and equity offerings combined with the Bank’s strategic alliances with global banks, family offices and wealth managers aim to provide the Global Indians best in class financial services offerings.

Commenting on this key appointment, Rana Kapoor, Managing Director & CEO, YES BANK said, “Global Indians are looking at India as a highly attractive investment destination and Amresh will capitalize on YES BANK’s Brand Equity and strong ‘Relationship Capital’ in positioning YES BANK with HNW and Ultra HNW NRI segment as the ‘Best Quality Bank of the World in India for all NRI requirements’”.

Amresh has more than 23 years of experience in the banking and finance industry and has worked with ANZ Bank Singapore, as Head of Private Wealth Distribution, Singapore leading the South East Asian markets, the NRI business and the Expat business; World Gold Council; RBS Coutts Bank; Singapore; Deutsche Bank; HDFC Bank; and ANZ Grindlays Bank.

About YES BANK

YES BANK, India’s fourth largest private sector bank is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 28 states and 9 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.